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WEEKLY AVIATION HEADLINES<br />
7<br />
AIRCRAFT & ENGINE NEWS<br />
pany would exit approaching US$20 billion in<br />
operations in an attempt to shore up its financial<br />
position as, over the last 12 months, its stock has<br />
lost half its value. The gas engine business could<br />
be worth as much as US$2 billion.<br />
In January, GE disclosed that the U.S. Securities<br />
and Exchange Commission was investigating its<br />
accounting for part of its services backlog, and<br />
a set of actuarial calculations that caused GE to<br />
take a charge for long-term-care policies it underwrote<br />
a decade ago.<br />
GE took a $6.2 billion after-tax charge on those<br />
policies in the fourth quarter and confirmed it<br />
will set aside $15 billion more in reserves over<br />
the next seven years to cover potential claims on<br />
the policies.<br />
GE Aviation, a subsidiary of General Electric, is<br />
responsible for producing, among many others,<br />
the CFM 56 turbofan engine as a 50:50 partner<br />
with Safran Aircraft Engines, for which over<br />
30,000 units have been sold, while a similar joint<br />
venture has seen the production of the new<br />
LEAP-X series of engines which will power commercial<br />
aircraft such as the Airbus A320neo Family,<br />
the Boeing 737, and the Comac C919.<br />
MRO & PRODUCTION NEWS<br />
KLM UK Engineering and Braathens Regional<br />
sign contract for airframe maintenance<br />
A European leader in the regional jets and<br />
narrow-body aircraft market, and having an internationally<br />
acknowledged expertise on Boeing<br />
737, Embraer 170/190, BAe146/Avro RJ,<br />
Fokker 70/100 & Airbus A320 Family airplanes,<br />
KLM UK Engineering has confirmed its contract<br />
with Braathens Regional. KLM UK Engineering<br />
commenced airframe maintenance checks with<br />
Braathens Regional on their BAe 146/ARJ fleet<br />
during 2017. Ronny Christiansen, Vice President<br />
Support Braathens Regional said: “Having been a<br />
customer of KLM UK Engineering’s over the last<br />
year, we are very pleased to reach this long-term<br />
agreement regarding our heavy maintenance<br />
program. KLM UK Engineering has performed a<br />
very good quality of work and great flexibility in<br />
order to meet Braathens requirements.”<br />
RUAG to complete 2<strong>02</strong>0 ADS-B avionics<br />
compliance modification on Bombardier<br />
Challenger CL601<br />
RUAG Aviation has successfully upgraded the avionics<br />
baseline of a Bombardier Challenger CL601<br />
to comply with regulatory mandates for 2<strong>02</strong>0<br />
and beyond. The first upgrade of this kind completed<br />
in Europe, the ADS-B Out, FMS 6.1 and<br />
Iberia’s first A350 in final assembly stage<br />
Final assembly of Iberia’s first A350-900 at the Airbus factory in Toulouse, France<br />
Photo: Iberia<br />
Iberia’s first A350-900 is in the final assembly stage at the Airbus factory in Toulouse, France,<br />
with its wings now attached to the fuselage and the engine pylons and horizontal and vertical<br />
stabilizers currently being installed. The first electric system tests are also being carried<br />
out. Iberia’s first A-350-900 will undergo numerous tests on the ground before the full cockpit<br />
and passenger cabin are installed, the engines attached, and the entire aircraft painted. Next<br />
comes flight tests before the aircraft is delivered to the Airbus Delivery Centre.<br />
Iberia, which flies only Airbus aircraft, has ordered 16 A350-900s that will operate long-haul routes.<br />
Aviation Capital Group takes delivery of first Boeing 787 Dreamliner<br />
El AL takes delivery of its first 787-9, on lease from Aviation Capital Group<br />
Photo: ACG<br />
Aviation Capital Group has taken delivery of its first Boeing 787 Dreamliner in Everett, Washington.<br />
The aircraft, a Boeing 787-9, is on a long-term lease to EL AL Israel Airlines (El Al), and is<br />
the first of two Boeing 787-9’s to be delivered from ACG’s orderbook and leased to EL AL. The<br />
second aircraft is scheduled to deliver this fall.<br />
“We are pleased to embark the first delivery of the new Boing 787-9 from ACG. The anticipated<br />
arrival of the new 787 aircraft marks a revolution in the customer’s flight experience. We set a<br />
high standard of service and product excellence in order to retain our standing as the first and<br />
preferred choice airline for travelers to and from Israel,” said new CEO of EL AL, Gonen Usishkin.